54-13-209 - Lands received in payment for stock.
54-13-209. Lands received in payment for stock.
The corporation may receive, as payment for stock, lands at a fair cash valuation, if the lands are in the county where the bridge is built.
[Acts 1885, ch. 124, § 1; Shan., § 2126; Code 1932, § 3783; T.C.A. (orig. ed.), § 54-1802.]